3592 Thunderhill Pl Vincennes, IN 47591

This well-maintained mobile home park, located just north of Vincennes, Indiana, presents a compelling investment opportunity. Situated on a spacious 29.66-acre lot just off US-41, Thunderhill Place boasts 46 pads, currently enjoying a 93% occupancy rate. The property generates a substantial Net Operating Income (NOI) of $74,717, translating to an attractive 6.79% capitalization rate. The asking price for this established mobile home park is $1,100,000, representing a price per pad of $23,913.04. This represents a strong value proposition in the current market. The park's convenient location and high occupancy rate suggest a stable and potentially growing income stream. The property's size and existing infrastructure offer opportunities for future expansion or improvements, further enhancing its investment potential. Detailed financial statements are available upon request. This is an excellent opportunity for investors seeking a proven, cash-flowing asset in a desirable location. The address is 3592 Thunderhill Pl, Vincennes, IN 47591. Knox County location provides access to local amenities and services.